ECB's Praet: There is very limited spillover from Italy so far

Additional headlines crossing the wires from the ECB Chief Economist Praet’s speech in Frankfurt.
There is very limited spillover from Italy so far.
Loosening of Italian fiscal policy will be neutralized by tighter financial conditions.
Growth risks are balanced.
But the extremes in risks assessment are bigger than earlier.
Investment decisions in Italy have been impacted by severe tightening in Italy.
Tightening of conditionsise unsustainable.
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















